29 Ekim 2024
Cumhuriyet, hukukun üstünlüğü ve bireysel özgürlüklerin teminatıdır. Gazi Mustafa Kemal Atatürk’ün mirasını yaşatmak ve daha aydınlık bir gelecek için çalışmaya devam edeceğiz.
Cumhuriyet Bayramımız kutlu olsun!
HABERLER & YAYINLAR
Legal Reflections of the Exorbitant Rent Increases in Turkey
While Turkey is facing a slowdown in real estate market these days; dramatic changes in real estate prices with its legal implications are observed day by day. One would agree that there are many factors behind this soaring in terms of rental fees and sale prices applied in Turkish real estate market.
HABERLER & YAYINLAR
A New Era for Real Estate Investment Funds
The Communiqué Amending the Communiqué on Real Estate Investment Funds (III-52.3) (“Communiqué”), published in the Official Gazette on 17 July 2024, Issue No. 32604, aims to boost contributions to real estate investments, a sector with significant transaction volume in the Turkish economy. Under the Communiqué, application procedures for Real Estate Investment Funds (“REIFs”) have been streamlined, enabling the issuance of participation shares linked to an umbrella fund. Additionally, “project” REIFs are now permitted to invest in projects where more than half of the total gross area of independent units is designated for residential use, as verified by independent real estate appraisal firms.
